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  • Deloitte: June Consumer Spending Index shows promise

    New York – U.S. consumers spent more last month as real home prices and initial unemployment claims continued to improve. The Deloitte Consumer Spending Index for June 2013, which comprises four components of tax burden, initial unemployment claims, real wages and real home prices, increased to 4.3 from a reading of 4.2 the previous month.   
    Following is a summary of the four main components of the Index:

    Tax Burden: The tax rate is up from last year, and is now at 12%.

  • Doggie pool to court distributors at pet products expo

    Pet retailers will head to the SuperZoo Pet Products Expo in Las Vegas next week, looking for innovations to grow sales, and one potential big-ticket item is the Summer Splash, from the Ultimate Dog Pool, a new supplier of inflatable pools for dogs.

    The inflatable dog pool designed for medium to large size dogs will be on display at booth #4470 July 23-25, seeking distribution opportunities at the expo.

  • Deloitte: Consumers spent more in June

    NEW YORK — U.S. consumers spent more in June, as real home prices and initial unemployment claims continued to improve, according to the Deloitte Consumer Spending Index for June 2013.

    The index comprises four components of tax burden, initial unemployment claims, real wages and real home prices, increased to 4.3 from a reading of 4.2 the previous month.   

    Following is a summary of the four main components of the Index:

  • Walgreens, Boston-area chains join CVS in Rolling Stone boycott

    Deerfield Park, Ill. – Walgreens, as well as Boston-area grocery chain Roche Bros. and convenience chain Tedeschi Stores, have indicated they will join CVS in refusing to sell the upcoming Aug. 3 issue of Rolling Stone that features a cover photo of Boston Marathon bombing suspect Dzhokhar Tsarnaev. Walgreens made an announcement yesterday afternoon on Twitter, while the Boston Globe reported that Roche Bros. and Tedeschi would also decline to sell the controversial issue.

  • Jo-Ann marks the big 7-0 with sweepstakes

    HUDSON, Ohio — Jo-Ann Fabric and Craft Stores is turning 70, and to mark the special anniversary the specialty fabric and craft retailer is launching a “Share Your Story” sweepstakes on its Facebook page. 

    Customers share their favorite Jo-Ann memories and each week, from July 28 through August 19, two random entrants will be chosen to win $100 Jo-Ann gift cards for a total of six winners. No purchase is necessary to enter or win.

  • Walmart for life

    Given the choice of shopping at only one retailer for the rest of their lives, millennial parents chose Walmart over several other popular retailers.
    The study of the millenials, those age 25 to 34, was conducted by Vision Critical, and not surprisingly showed the demographic group changed purchasing habits and behaviors after starting a family.

  • Rue21 and Sony Pictures Entertainment team for movie promotion

    Warrendale, Pa. -- Rue21 is partnering with Sony Pictures Entertainment to promote the release of "The Mortal Instruments: City of Bones.” The promotion awards a winner with two tickets to the Hollywood movie premiere; three additional winners receive movie prize packs.

    In addition, Rue21 is hosting two legs of Sony Pictures' 10-market mall tour where fans can see the stars of the film, Lily Collins and Jamie Campbell Bower. Rue21 is hosting the events at the Chicago Ridge Mall (Chicago) and Franklin Mills Mall (Philadelphia).

  • Study: Millennials opt for Walmart over Amazon

    Kansas City -- A new study of the millennial generation shows that many 25- to 34-year-old shoppers change their purchasing habits and behaviors after they start their families.

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